Govt to decide on IOC share sale in 3-4 months: Chairman
New Delhi   15-Jan-2011

The government will take a decision on a share sale for state-run IndianOil within three to four months, the company's chairman said on Friday. The share sale will include the government offloading 10 per cent of its stake, and a fresh issue of another 10 per cent, B M Bansal said during a trip to Singapore as part of a delegation led by oil minister, Murli Deora.